Blasting L2 & Infrastructure

Weekly Recap

After last week’s surge, funding and deal count fell to robust levels despite the short holiday week. Funding totaled $98 million in 13 deals announced, with the majority again raised by infrastructure. Companies tackling privacy, data, and wallet or L1 scalability improvements continue to get funded as investors remain confident that multiple winners can emerge from already competitive verticals. Our deal of the week, Blast, is another example of a start-up getting funded in a highly competitive category (L2s). Yet teams are getting bolder in their go-to-market tactics, wit...